By monika singh | 14 May, 2022
Modest earnings and missed estimates: SBI numbers singe BSE Bankex
After plummeting 1,255 points on Thursday, the BSE Bankex lost further ground on Friday as it fell 498 points, wiping out a total market capitalisation to the tune of Rs 1.1 trillion.The slide on Friday began after State Bank of India (SBI)’s net profit of Rs 9.113.53 crore for Q4FY22 missed Bloomberg estimates of Rs 10,180 crore. The net interest margin saw only a slight sequential increase. ...





Live Comments